446,334 Shares in Nutanix $NTNX Purchased by Renaissance Group LLC

Renaissance Group LLC acquired a new stake in shares of Nutanix (NASDAQ:NTNX) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 446,334 shares of the technology company’s stock, valued at approximately $34,118,000. Renaissance Group LLC owned 0.17% of Nutanix at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in NTNX. AQR Capital Management LLC lifted its position in Nutanix by 65.5% in the 1st quarter. AQR Capital Management LLC now owns 3,604,005 shares of the technology company’s stock valued at $246,874,000 after purchasing an additional 1,426,049 shares during the last quarter. Jericho Capital Asset Management L.P. increased its position in Nutanix by 46.8% in the 1st quarter. Jericho Capital Asset Management L.P. now owns 4,102,993 shares of the technology company’s stock valued at $286,430,000 after acquiring an additional 1,308,357 shares during the period. Nuveen LLC acquired a new stake in Nutanix in the 1st quarter valued at approximately $86,949,000. Northwestern Mutual Wealth Management Co. raised its stake in Nutanix by 4,832.0% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 506,418 shares of the technology company’s stock valued at $35,353,000 after acquiring an additional 496,150 shares in the last quarter. Finally, Federated Hermes Inc. boosted its position in Nutanix by 21.2% during the 1st quarter. Federated Hermes Inc. now owns 2,423,978 shares of the technology company’s stock worth $169,218,000 after acquiring an additional 423,249 shares during the period. 85.25% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Nutanix news, Director Teresa Gayle Sheppard sold 3,500 shares of Nutanix stock in a transaction on Thursday, October 2nd. The shares were sold at an average price of $76.48, for a total transaction of $267,680.00. Following the sale, the director owned 22,400 shares in the company, valued at $1,713,152. The trade was a 13.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Rukmini Sivaraman sold 11,391 shares of the stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $78.34, for a total transaction of $892,370.94. Following the completion of the transaction, the chief financial officer owned 254,637 shares of the company’s stock, valued at approximately $19,948,262.58. This represents a 4.28% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 159,598 shares of company stock worth $12,218,560. 2.40% of the stock is currently owned by company insiders.

Nutanix Trading Down 0.9%

Shares of NTNX stock opened at $64.01 on Wednesday. The firm has a market capitalization of $17.21 billion, a P/E ratio of 100.02, a price-to-earnings-growth ratio of 6.55 and a beta of 0.54. Nutanix has a 1 year low of $54.66 and a 1 year high of $83.36. The firm’s fifty day simple moving average is $71.80 and its 200 day simple moving average is $73.31.

Nutanix (NASDAQ:NTNX) last posted its quarterly earnings results on Wednesday, August 27th. The technology company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.06. The company had revenue of $653.27 million for the quarter, compared to analyst estimates of $642.48 million. Nutanix had a net margin of 7.42% and a negative return on equity of 28.01%. During the same period last year, the business posted $0.27 EPS. The business’s quarterly revenue was up 19.2% on a year-over-year basis. Nutanix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Equities research analysts anticipate that Nutanix will post 0.31 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently issued reports on NTNX. Oppenheimer assumed coverage on Nutanix in a research report on Monday. They set an “outperform” rating and a $90.00 price target on the stock. Zacks Research raised Nutanix from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 27th. Needham & Company LLC lowered their price target on shares of Nutanix from $92.00 to $80.00 and set a “buy” rating on the stock in a report on Thursday, August 28th. Bank of America dropped their price objective on Nutanix from $95.00 to $93.00 and set a “buy” rating on the stock in a report on Thursday, August 28th. Finally, Northland Capmk cut Nutanix from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $86.80.

Nutanix Profile

Nutanix, Inc engages in the provision of a cloud platform leveraging web-scale engineering and consumer-grade design. It operates through the following geographic segments: United States, Europe, the Middle East, Africa, Asia Pacific, and Other Americas. The firm also provides software solutions and cloud services to customers’ enterprise infrastructure.